Scott Paul Pedersen

Title: Scott Paul Pedersen: Innovator in Virtual Trading Systems

Introduction

Scott Paul Pedersen is a notable inventor based in Barrington, IL (US). He has made significant contributions to the field of virtual trading systems, holding a total of 3 patents. His innovative approaches have transformed how trading is conducted in digital environments.

Latest Patents

One of Scott's latest patents is a method for virtual floor trading implemented via an exchange system. This method includes establishing a secure connection with a first market participant and transmitting data to a computing device associated with that participant. The data causes a graphical user interface (GUI) to render a graphical representation of a virtual trading floor. The method also involves receiving a first order and transmitting data to a second computing device associated with a second market participant, allowing for the rendering of a second graphical representation of the virtual trading floor. The process continues with receiving a second order from the second computing device, determining if it matches the first order, and executing a transaction based on both orders.

Career Highlights

Scott has worked with Cboe Exchange, Inc., where he applied his expertise in trading systems. His work has been instrumental in developing innovative solutions that enhance trading efficiency and user experience.

Collaborations

Scott has collaborated with notable individuals in the industry, including Jordan Newmark and Shelton E Harrison, Jr. These collaborations have contributed to the advancement of trading technologies and methodologies.

Conclusion

Scott Paul Pedersen is a pioneering inventor whose work in virtual trading systems has made a lasting impact on the industry. His patents reflect a commitment to innovation and excellence in trading technology.